WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139.1M
+0.3% YoY
Annual Giving
$508K
-16.6% YoY
Grant Count
10
-37.5% YoY
Avg Grant Size
$51K
+33.4% YoY
About Well-spring Retirement Community Inc
Based on IRS filings
Well-spring Retirement Community Inc is a nonprofit organization focused on Human Services, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139.1M in total assets. In 2024, it awarded 10 grants totaling $508K. Net investment income was $3.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $139,126,189 | $138,730,668 | $137,378,238 |
| Revenue | $42,978,331 | $39,926,094 | $36,704,666 |
| Expenses | $41,407,976 | $41,111,393 | $36,925,554 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,037,279 | $1,515,409 | $1,416,879 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH BOGGS | VICE-CHAIR IMM PAST CHAI | 1 | — |
| KATHRYN COOKIE BILLINGS | CHAIR | 1 | — |
| JERRY BAILEY | BOARD MEMBER | 1 | — |
| JEAN DAVISON | ASSISTANT SECRETARY | 1 | — |
| ANTHONY BOYD | BOARD MEMBER | 1 | — |
| CHRIS BROWN | BOARD MEMBER | 1 | — |
| WARREN WEBSTER | BOARD MEMBER | 1 | — |
| BARRY CANNER | BOARD MEMBER | 1 | — |
| BOB CHANDLER | BOARD MEMBER | 1 | — |
| TIM CLONTZ | BOARD MEMBER | 1 | — |
| SALLY CONE | BOARD MEMBER | 1 | — |
| WENDY GATLIN | BOARD MEMBER | 1 | — |
| JENNIFER KOENIG | BOARD MEMBER | 1 | — |
| BONNIE MCALISTER | BOARD MEMBER | 1 | — |
| BOB POWELL | BOARD MEMBER | 1 | — |
| SUSAN SHUMAKER | BOARD MEMBER | 1 | — |
| BEN ZURAW | BOARD MEMBER | 1 | — |
| STEPHEN P FLEMING | PRESIDENT CEO | 5 | — |
| K ALAN TUTTEROW | SECRETARY INTERIM TREAS | 5 | — |
| MISTI RIDENOUR | EXECUTIVE DIRECTOR | 40 | $236,213 |
| TODD DUMKE | DIRECTOR OF DINING SERVICES | 40 | $141,889 |
| PHILIP JOHNSON | DIRECTOR OF FACILITIES | 40 | $126,277 |
| SUSAN SUEK | DIRECTOR OF NURSING | 40 | $140,490 |
| MICHAEL JONES | DIRECTOR OF HEALTH SERVICES | 40 | $171,264 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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